Word: junks
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...beginning to percolate. Felix Rohatyn, a partner in the New York City investment-banking firm of Lazard Freres and a longtime critic of the stock market's speculative excesses, has proposed a sharp limit on the right of Government-insured pension funds, thrift institutions and trusts to invest in junk bonds. He suggests that takeover bids that are conditional on anticipated junk-bond financing be forbidden as an unfair manipulation of public markets. Rohatyn also thinks that offers to acquire a large number of shares in a firm should be voted on by all stockholders on both sides...
...Sacrifice after a junk-food diet of Hollywood movies is like ducking out of a carnival to visit a medieval crypt. You are pulled out of time and into a sacred stillness. The images, handsomely sculpted, address themes of life and death and life after death. Gods and gargoyles hover in the cramped air, dwarfing all human anxieties. Man is a mite here, pitiable in his ignorance of what matters, or else vainglorious in his quest to find the answers to riddles beyond his solving...
...offense just would not produce any goals," Scherrer said. "And a series of turnovers really hurt us. We had them tired, but they got in a bunch of junk goals...
...predatory trends that have surfaced in the hit-and-run stock market have tended to feed on themselves. One sign of that is the phenomenal growth of the so-called junk-bond market, a $100 billion pool of high-risk, high- interest securities that have backed such takeover bids as Atlanta Broadcaster Ted Turner's $5 billion failed attempt to buy out CBS and Carl Icahn's successful $300 million takeover of TWA. The creation of such huge war chests for the use of takeover artists, among others, has heightened merger activity...
...soon kills his brother in a quarrel, succumbs to righteous guilt and then struggles to atone. To abase himself while scaling the side of the falls as the good father's newest acolyte, Mendoza insists on toting a heavyweight bag of arms, armor and other accoutrements of civilization. This junk boldly symbolizes the burden of his sins, and watching Mendoza struggle with it, we do not know whether to weep or laugh. But we savor this psychological ambiguity in a movie that is generally much more intent on mining a vague political message from a backwoods imperialist tragedy...